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US Trade Deficit Falls With Demand for Goods

The US trade deficit shrank by almost 10 per cent in January to the lowest level in six years, as the recession wore away at America's appetite for the world's goods.

Demand in the US has been hit by falling consumer confidence, which is lingering near a 28-year low, says a just released survey.

Source: Financial Times

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14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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